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The global energy crisis, exacerbated by the war in Iran and its impact on the Strait of Hormuz, is creating a stark economic divide in Asia, particularly between tech-driven economies like South Korea and Taiwan, and those reliant on traditional manufacturing. While South Korea’s tech giants and stock market are booming, fueled by AI and semiconductor demand, many other Asian nations are struggling with fuel scarcity, rising prices, and widening income inequality. This “K-shaped” economic divergence poses significant risks to regional monetary policy, political stability, and overall economic growth, with potential repercussions for global trade and economies like the US. The situation is further complicated by the uneven distribution of wealth and the potential for AI-driven energy consumption to worsen existing shortages.